Boom Net Receivables vs Total Stockholder Equity Analysis

BOL Stock   1.38  0.01  0.72%   
Boom Logistics financial indicator trend analysis is way more than just evaluating Boom Logistics prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Boom Logistics is a good investment. Please check the relationship between Boom Logistics Net Receivables and its Total Stockholder Equity accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boom Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Receivables vs Total Stockholder Equity

Net Receivables vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Boom Logistics Net Receivables account and Total Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Boom Logistics' Net Receivables and Total Stockholder Equity is 0.81. Overlapping area represents the amount of variation of Net Receivables that can explain the historical movement of Total Stockholder Equity in the same time period over historical financial statements of Boom Logistics, assuming nothing else is changed. The correlation between historical values of Boom Logistics' Net Receivables and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Receivables of Boom Logistics are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Net Receivables i.e., Boom Logistics' Net Receivables and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Net Receivables

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most indicators from Boom Logistics' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Boom Logistics current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Boom Logistics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Selling General Administrative is likely to drop to about 119.1 M in 2024
 2021 2022 2023 2024 (projected)
Cost Of Revenue197.3M189.2M233.3M244.9M
Total Revenue215.8M205.9M259.2M248.5M

Boom Logistics fundamental ratios Correlations

0.920.360.980.630.740.80.870.89-0.390.620.950.55-0.070.910.220.160.930.470.380.530.530.60.870.60.91
0.920.460.880.640.680.640.680.92-0.150.60.920.680.110.840.190.040.860.190.320.40.670.680.730.70.9
0.360.460.280.610.380.09-0.050.60.10.160.470.60.430.350.48-0.450.36-0.340.440.120.620.51-0.010.730.48
0.980.880.280.520.650.870.90.81-0.420.630.880.55-0.220.840.110.210.860.490.280.450.510.630.830.490.84
0.630.640.610.520.780.210.290.860.110.210.770.560.470.670.62-0.120.67-0.060.630.550.630.510.550.70.81
0.740.680.380.650.780.450.570.79-0.360.550.840.290.170.820.450.070.790.370.50.910.320.30.750.550.85
0.80.640.090.870.210.450.90.52-0.550.720.620.43-0.540.58-0.150.310.590.53-0.010.310.360.550.630.160.64
0.870.68-0.050.90.290.570.90.58-0.620.690.740.23-0.380.77-0.060.320.780.740.120.510.20.360.870.220.71
0.890.920.60.810.860.790.520.58-0.060.440.950.650.260.860.480.050.870.160.580.530.660.630.720.80.96
-0.39-0.150.1-0.420.11-0.36-0.55-0.62-0.06-0.51-0.290.260.47-0.40.13-0.18-0.38-0.760.03-0.510.280.14-0.440.01-0.2
0.620.60.160.630.210.550.720.690.44-0.510.560.37-0.210.55-0.37-0.120.540.31-0.290.420.340.470.490.250.61
0.950.920.470.880.770.840.620.740.95-0.290.560.50.180.970.390.060.970.40.520.650.520.510.870.730.97
0.550.680.60.550.560.290.430.230.650.260.370.50.040.30.02-0.150.33-0.440.03-0.140.990.980.150.520.57
-0.070.110.43-0.220.470.17-0.54-0.380.260.47-0.210.180.040.20.43-0.60.2-0.370.370.120.11-0.1-0.010.420.16
0.910.840.350.840.670.820.580.770.86-0.40.550.970.30.20.360.061.00.550.510.720.310.320.920.660.9
0.220.190.480.110.620.45-0.15-0.060.480.13-0.370.390.020.430.360.20.340.070.980.440.06-0.090.250.480.37
0.160.04-0.450.21-0.120.070.310.320.05-0.18-0.120.06-0.15-0.60.060.20.050.440.260.15-0.21-0.110.31-0.10.09
0.930.860.360.860.670.790.590.780.87-0.380.540.970.330.21.00.340.050.530.50.670.350.350.910.680.9
0.470.19-0.340.49-0.060.370.530.740.16-0.760.310.4-0.44-0.370.550.070.440.530.230.59-0.47-0.330.7-0.040.3
0.380.320.440.280.630.5-0.010.120.580.03-0.290.520.030.370.510.980.260.50.230.490.06-0.050.420.520.47
0.530.40.120.450.550.910.310.510.53-0.510.420.65-0.140.120.720.440.150.670.590.49-0.1-0.110.720.330.63
0.530.670.620.510.630.320.360.20.660.280.340.520.990.110.310.06-0.210.35-0.470.06-0.10.960.170.540.58
0.60.680.510.630.510.30.550.360.630.140.470.510.98-0.10.32-0.09-0.110.35-0.33-0.05-0.110.960.210.430.58
0.870.73-0.010.830.550.750.630.870.72-0.440.490.870.15-0.010.920.250.310.910.70.420.720.170.210.40.81
0.60.70.730.490.70.550.160.220.80.010.250.730.520.420.660.48-0.10.68-0.040.520.330.540.430.40.71
0.910.90.480.840.810.850.640.710.96-0.20.610.970.570.160.90.370.090.90.30.470.630.580.580.810.71
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Boom Logistics Account Relationship Matchups

Boom Logistics fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets192.0M196.6M190.8M207.3M242.6M252.9M
Other Current Liab16.2M15.0M14.6M15.2M16.5M19.1M
Total Current Liabilities48.5M72.1M62.0M78.0M68.2M54.9M
Total Stockholder Equity115.3M112.7M110.2M105.5M111.0M142.8M
Accounts Payable12.0M15.6M14.9M19.1M29.2M20.1M
Cash2.1M2.3M2.4M2.4M6.3M4.8M
Other Assets145.0M119.5M118.9M1.080.2M0.95
Long Term Debt14.2M361K0.012.5M11.2M10.7M
Net Receivables35.7M43.4M41.5M47.7M52.3M50.0M
Inventory3.5M2.6M3.0M4.0M3.2M3.7M
Other Current Assets3.1M2.6M3.0M8.7M4.0M3.8M
Total Liab76.7M83.9M80.6M101.8M131.6M110.0M
Property Plant Equipment28.0M29.4M39.1M144.5M130.0M136.5M
Short Long Term Debt Total41.6M48.2M47.4M63.6M81.7M77.6M
Property Plant And Equipment Net147.0M148.3M143.9M144.5M176.7M130.4M
Current Deferred Revenue4.4M2.2M185K(43.6M)(39.3M)(37.3M)
Net Debt39.5M45.8M45.0M61.2M75.4M72.6M
Retained Earnings(197.6M)(200.6M)(203.2M)(208.4M)(201.8M)(191.7M)
Non Current Assets Total147.5M148.3M143.9M144.5M176.7M156.8M
Cash And Short Term Investments2.1M2.3M2.4M2.4M6.3M5.0M
Common Stock Shares Outstanding462.9M431.6M427.8M430.0M425.7M392.2M
Liabilities And Stockholders Equity192.0M196.6M190.8M207.3M242.6M263.8M
Non Current Liabilities Total28.2M11.8M18.5M23.8M63.4M56.2M
Property Plant And Equipment Gross147.0M348.9M348.5M306.1M326.5M289.8M
Total Current Assets44.5M48.3M46.9M62.8M65.8M52.3M
Short Term Debt15.9M39.3M32.3M43.6M22.5M27.1M
Other Liab2.5M2.9M3.4M3.8M4.4M2.3M
Accumulated Other Comprehensive Income2.5M3.0M3.1M3.6M3.7M3.9M
Non Currrent Assets Other(7K)(28K)(28.0M)(1.0)(1.15)(1.21)
Other Stockholder Equity(112.8M)(109.7M)(107.1M)(101.9M)(91.7M)(87.2M)
Net Tangible Assets115.3M112.7M110.2M105.5M95.0M117.2M
Short Long Term Debt4.3M23.6M17.4M11.8M859K816.1K
Long Term Debt Total25.7M8.8M15.1M20.0M18.0M20.8M
Net Invested Capital133.7M136.7M127.6M117.4M124.4M118.8M
Net Working Capital(4.0M)(23.8M)(15.2M)(15.2M)(2.3M)(2.4M)
Cash And Equivalents2.1M2.3M2.4M2.4M2.8M2.3M

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